President-elect Donald Trump has reappointed a former Treasury Department advisor from his first term to advise on economic policy in his potential second administration.
Trump announced on Sunday via his social media platform, Truth Social, that he would nominate Stephen Miran, former Treasury Department economic policy advisor, as the new CEA chairman. Trump emphasized that Miran would “work with the rest of my economic team to deliver a great economic boom that lifts up all Americans.” Miran, who holds a Ph.D. in economics from Harvard University, previously served in Trump’s first administration before taking his current role as chief strategist at the Hudson Bay Capital Management hedge fund.
Established in 1946, the CEA serves as the White House’s economic think tank. Its primary function is to evaluate and refine the President’s economic policies, and the Senate must confirm the CEA chair. While the CEA focuses on advisory roles, the practical coordination of interdepartmental economic policies falls under the White House National Economic Council (NEC). Last month, Trump announced that Kevin Hassett, who served as CEA chair during his first term, would be the NEC chair in his potential second administration.
Following Trump’s announcement, Miran took to X (formerly Twitter to express his honor and eagerness to help implement the President’s policy agenda. He aims to foster a rapidly growing, inflation-free economy that will bring prosperity to all Americans.
Miran supports Trump’s aggressive tariff strategies. Last month, he praised Trump on X for already leveraging tariffs to enhance America’s negotiating power on security issues. He added, “About time we actually tackled problems instead of letting them slide.”
